Litecoin shines as wider crypto market stutters
Cryptocurrency market capitalization has seen a net outflow of $16.95 billion over the past 24 hours and is now at $1.16 trillion, down 1.4% from $1.18 trillion.
During the reporting period, the market caps of Bitcoin and Ethereum fell by 1.9% and 1.9% respectively to $534.7 billion and $214.8 billion.
The top 10 cryptocurrencies have recorded mixed results in the last 24 hours. Solana led the losses, down 3.6% over the period. In contrast, Litecoin rose 13.2% and Dogecoin rose 3.5%.
Over the past 24 hours, the market cap of Tether (USDT) increased to $77.65 billion. Meanwhile, USD Coin (USDC) fell to $34.7 billion while Binance USD (BUSD) remained flat at $8.06 billion.
Over the past 24 hours, Bitcoin has fallen 1.9%, trading at $27,677 as of ET 07:00. Market domination decreased from 46.3% to 46.1%.
During the reporting period, Bitcoin peaked at $28,867 pending the FOMC announcement. Following the news of a 25 basis point gain, BTC sold off and found support at $26,615. The modest recovery turned into a flat ranging pattern between $27,658 and $27,747.
Over the past 24 hours, Ethereum has fallen 1.9%, trading at $1,757 as of ET 07:00. Its market dominance fell from 18.6% to 18.5%.
During the reporting period, Ethereum mirrored BTC’s move, reaching a top at $1,820 before dropping sharply to form a local bottom at $1,710. The subsequent gradual uptrend turned into a tight trading range between $1,745 and $1,759.
top 5 price increases
HEX was the biggest one-day gainer, rising 23.8% to $ during the reporting period0.12586 Press time now. Her V3 testnet for its sister chain, PulseChain, went live recently.Its market capitalization was $21.83 a billion.
LTC gains 12.8% against $91.0035 Press time now. Litecoin halving is expected to occur around August. His payment provider, Mastercard, announced a partnership with the project at the end of January. Its market capitalization was $6.6 billion.
CELR surges 9.1% to $0.02624 Press time now. CELR was a top five climber yesterday.The project recently announced the Brevis platform based on zero knowledge data proof. Its market capitalization was $185.94 a million.
CKB rose 6.5% to $0.00601 Press time now. The project recently released version 2.0 of the CKBull wallet.Its market capitalization was $241.02 a million.
MASK is one of the day’s top gainers after rising from 6.4% to $.5.38611 at the time of writing. Token is up 42.2% over the past month.Its market capitalization was $410.15 a million.
top 5 losers
Alethea Liquid Intelligence
ALI was the biggest loser of the day, down 9.9% and trading at $.0.03672 at the time of writing. Token is down 36.9% for him over the past month.Its market capitalization was $131.75 a million.
HT fell 9.3% to $3.65310The SEC has indicted exchange “leader” Justin Sun for buying and selling securities.Its market capitalization was $592.66 a million.
HNT fell 7.7% to $1.18581 on press. Binance’s delisting took effect on March 23rd. Its market capitalization was $.167.02 a million.
TRX fell 7.6% to $0.06215 over the reporting period. His SEC enforcement action against founder Justin Sun specifically mentioned TRX and BTT as unregistered securities being traded and advertised.Its market capitalization was $5.66 a billion.
ALGO plunges 6.8% to $0.21939 over the reporting period. The project has released a revised SDK. However, hackers have recently exploited a wallet vulnerability. Its market capitalization was $1.56ba million.